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This is an update on my ammo frenzy thread because this is a slightly different point of view / topic on the ammo frenzy upon us. I was discussing with a friend who follows California's legislature more closely than I this morning regarding gun legislation. Making its way thru the committees and almost certain to PASS is a $.05 per round of ammo tax. In one of the committees this was reduced to .05 from .10 at the governors' bequest. The only real hope CA's had was the governor stopping this - it looks like the legislature is willing to appease him by reducing the tax in half. Now of course that means a brick of 22LR just went up $25.00 in taxes. This may not be a big deal to the .308 users and my lapua but I shoot a lot of 22LR and it bites big time. But wait - there is more.
The last committee update on this act added the SAME tax to reloading components! YES a .05 per primer, .05 per brass and .05 per projectile. Reloading - the savior of high prices - is about to get 3x more expensive then buying factory new ammo. Well that's a spin but you can see the math and how I meant it.
Now for those in FREE America this clearly won't impact you, but I think it will. Once this gets closer to passage this summer the FRENZY in CA is going to become grotesque. You will find CA gun owners (with big budgets and thirst for ammo) soaking it up - out of YOUR markets with every dollar they can muster. The closer this gets to passage - the worse this is going to get for all of us.
The last committee update on this act added the SAME tax to reloading components! YES a .05 per primer, .05 per brass and .05 per projectile. Reloading - the savior of high prices - is about to get 3x more expensive then buying factory new ammo. Well that's a spin but you can see the math and how I meant it.
Now for those in FREE America this clearly won't impact you, but I think it will. Once this gets closer to passage this summer the FRENZY in CA is going to become grotesque. You will find CA gun owners (with big budgets and thirst for ammo) soaking it up - out of YOUR markets with every dollar they can muster. The closer this gets to passage - the worse this is going to get for all of us.